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14 juin 2021 16:43

Tata Motors- Preparing Cup& handle breakout-21% move expected Long

TATA MOTORS LTD.NSE

Description

Tata Motors after triangle breakout formed CUP and preparing handle , expected to breakout from zone of 340~355 .
If breakout successful with good volume above 355 and expected to give 21% move for the target 430~445, SL-335 for short term trader.
in case of breakout fail, it may retrace up to demand zone 323~330, in that case SL -320.

Those who followed triangle breakout and entry taken at demand zone 300~310 , hold for target 430~445, trail SL to 335 or 320 in case want to hold long.
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